Markets Bessent’s Treasury Twist Fizzles as Bond Yields Snap Back Near Post-Inauguration High August 24, 2026 Photo: lonely blue / Unsplash Treasury Secretary Scott Bessent arrived in office criticizing his predecessor for attempting to manipulate the world’s largest bond market. Last week he launched his own…
Business US Treasury Joins Japan in Historic Currency Intervention to Support Yen August 1, 2026 Washington Backs Tokyo’s Currency Defense for First Time in Over a Decade The US Treasury stepped into the currency market on Friday to support the battered Japanese yen, marking Washington’s…
US Jerome Powell Defies Tradition by Staying on as Fed Governor After Chair Term Ends April 30, 2026 Powell Breaks With Fed Tradition by Remaining as Governor Federal Reserve Chair Jerome Powell made a stunning announcement on Wednesday. He declared he will remain at the Fed as a…